2/24, 8:10 AM (Source: TeleTrader)
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Ruble hits record low against dollar

The Russian ruble hit a record low against the dollar on Thursday after Moscow launched a military operation in Ukraine.

Meanwhile, the Bank of Russia announced it decided to start interventions in the foreign exchange market in an effort to stabilize the situation in the financial markets amid the Ukraine tensions.. The central bank noted it will conduct operations to provide additional liquidity to banks.

The dollar jumped 5.29% against the ruble to sell for 86.25153 at 8:08 am CET.

Baha Breaking News (BBN) / NP